BAKU, Azerbaijan, June 6. The Dede Gorgud drilling rig, operated by Caspian Drilling Company Ltd, may continue working at the Karabakh field if the partners involved in the field’s development make a decision on drilling, a source familiar with the matter told Trend.
"Dede Gorgud completed its work in Kazakhstan on the Zhenis block for the joint venture of LUKOIL and KazMunaiGas. If the partners make a decision, this drilling rig can continue its operations at the Karabakh field. All wells at the field have been drilled using the Dede Gorgud rig," the source said.
SOCAR and Equinor confirmed the discovery of the Karabakh oil and gas field in the Azerbaijani sector of the Caspian Sea, located 120 kilometers east of Baku in March 2020. The drilling of the first appraisal well at the field began on December 23, 2019. It was drilled by Dede Gorgud rig at a depth of 180 meters. The productive reservoirs of the field are located at a depth of 3.4 kilometers. Preliminary assessments show that the discovered oil and gas volumes at the field are sufficient for its economically viable development. The preliminary estimated geological reserves of the field amount to over 60 million tons of oil.
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